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Bill delivers on earlier promises

|Proposed Changes|Australia
Australia

On 16 August 2007, the Tax Laws Amendment (2007 Measures No 5) Bill 2007 was introduced in Parliament. In line with earlier announcements by the government (including budgetary announcements), the Bill proposes to make the following amendments to income tax legislation:

-   Removal of same business test cap. Prior to 1 Jul…

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